JPY
JPY, Market Analysis, Technical Analysis, USD
USD/JPY Price Forecast: Clings to gains near 158.50, over one-week top amid firmer USD
The USD/JPY pair touches a one-and-a-half-week high, around mid-158.00s during the Asian session on Wednesday, with bulls shrugging off fears about a potential government intervention to support the Japanese Yen (JPY) and taking cues from resurgent US Dollar (USD) demand. Despite signs of moderating inflation and a cooling labor market, traders are still pricing in […]
by Currency Hedger
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- 22 hours ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Slips below 178.00 after pulling back from nine-day EMA
EUR/JPY inches lower after posting modest gains in the previous day, trading around 177.90 during Asian hours on Wednesday. Technical analysis of the daily chart shows that the currency cross is remaining within the descending channel pattern, suggesting an ongoing bearish bias. The EUR/JPY cross is retaining a bearish near-term bias as it holds below […]
by Currency Hedger
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- 22 hours ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Remains Under Pressure as US-Japan Yield Gap Supports the Dollar
The Japanese yen is trading around 158.5 per dollar, close to two-week lows, as the wide interest-rate differential between the United States and Japan continues to favour the US dollar. Japan’s relatively low domestic interest rates remain a key source of pressure, while the country’s heavy debt burden and expansionary fiscal direction are adding another […]
by Currency Hedger
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- 1 day ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen steadies amid expansionary fiscal plans, rate hike uncertainty
USD/JPY moves little after posting minor gains in the previous day, trading around 157.90 during Asian hours on Tuesday. The currency pair has steadied into a tight trading range following recent developments in Japanese fiscal policy. Japan’s Prime Minister, Sanae Takaichi, is pushing forward with expansionary economic measures despite persistent concerns surrounding the weak Yen […]
by Currency Hedger
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- 2 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests 177.50 after rebounding from descending channel bottom
EUR/JPY halts its seven-day losing streak, trading around 177.40 during Asian hours on Tuesday. Technical analysis of the daily chart shows that the currency cross is remaining close to the lower boundary of the descending channel, suggesting the price holds support and a temporary bounce. However, a break below the channel would signal accelerating downward […]
by Currency Hedger
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- 2 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Strengthens above 110.00, while bearish technical bias persists
The AUD/JPY cross trades in positive territory near 110.20 during the early European trading hours on Tuesday. Traders await the speech from the Bank of Japan (BoJ) Governor Kazuo Ueda later on Tuesday for more clues on the interest rate outlook. The BoJ could indicate later this month that underlying inflation has reached nearly its […]
by Currency Hedger
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- 2 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Holds Near 158 as Fiscal Expansion Raises BoJ Policy Questions
The Japanese yen is holding around ¥157.9 per US dollar as markets balance Prime Minister Sanae Takaichi’s expansionary fiscal agenda against renewed concerns over the currency’s weakness and the outlook for Bank of Japan policy. The yen remains under pressure from the wide US-Japan yield differential, while investors assess whether stronger domestic inflation and a […]
by Currency Hedger
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- 2 days ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Declines below 110.00, technical bias stays bearish
The AUD/JPY cross trades in negative territory around 109.70 during the early European session on Monday. The Australian Dolllar (AUD) softens against the Japanese Yen (JPY) as bets of the Reserve Bank of Australia (RBA) raising interest rates in November have fallen sharply after the latest Consumer Price Index (CPI) came in line with expectations. […]
by Currency Hedger
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- 3 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Tests ascending channel lower boundary near 176.50
EUR/JPY continues its losing streak for the seventh consecutive day, trading around 176.70 during Asian hours on Monday. Technical analysis of the daily chart shows that the currency cross is testing the lower boundary of the descending channel, suggesting the price could either hold support and trigger a temporary bounce toward the channel’s upper limits, […]
by Currency Hedger
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- 3 days ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Holds Near 158 as BOJ Tightening Expectations Meet Strong Dollar Pressure
The Japanese yen is holding around 157.8 per US dollar, remaining within a relatively narrow trading range as markets assess the outlook for Japanese monetary policy and await a series of economic releases. USD/JPY has traded sideways for approximately two weeks, reflecting a balance between growing expectations that the Bank of Japan could raise interest […]
by Currency Hedger
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- 3 days ago